Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current economic woes are the result of a poorly negotiated Brexit deal and not the Liz Truss government’s controversial tax cut proposals. Billionaire Says Poor Brexit Deal Is Source of UK’s Economic Woes The British billionaire investor Guy Hands has warned that Britain needs to renegotiate Brexit if it is to avoid seeking a bailout from the International Monetary Fund (IMF), a report has said. According to Hands, Britain’s poorly negotiated exit from the European Union is the primary cause of the United Kingdom’s ongoing economic woes. As per a report by The Telegraph, Hands believes Britain’s period of economic pain — which seemingly reached its crescendo when the pound fell to its lowest exchange rate versus t